MO SB857

Electrical corporations must offer solar rebates for new or expanded solar electric systems up to 25 kilowatts at public schools, private schools, charter schools, and nonprofit organization locations.

Rebate amounts decline over time: $2 per watt through August 28, 2014; $1.50 per watt through June 30, 2015; $1 per watt through June 30, 2016; $0.50 per watt through June 30, 2019; $0.25 per watt through June 30, 2020; and $0 per watt after June 30, 2020.

Annual compliance costs are limited to 1% of the electrical corporation's annual base revenue, and retail rates cannot increase by more than 1% annually to cover these costs; electrical corporations may suspend rebate programs if cost limits are reached.

Customers receiving rebates must transfer all renewable energy credits from the solar system to the electrical corporation for 10 years, and public or charter schools must provide STEM learning opportunities related to renewable energy and energy efficiency.

Large customers with demand of 5,000+ kilowatts or interstate pipeline pumping stations are exempt from rate increase provisions.